While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

Houston, Texas-based oil giant Chevron is transferring joint venture control to its partner, state company PDVSA, while ...

Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

Oil producer Chevron's U.S. license to operate in Venezuela will expire on May 27 as planned, Secretary of State Marco Rubio said in a post on his personal X account.

The company can maintain key infrastructure but is barred from importing oil from the South American country.

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, including its stakes in oil joint ventures with state company PDVSA, three sources ...

"I've been telling Chevron the best thing to do is somehow support and push the administration to support a peaceful transition of power to the legitimate government, which is the one by the ...

CVX stock has come under pressure in recent months as legal hurdles, Venezuela losses, and falling EPS estimates weigh on its ...

Denying authorization to American oil companies in Venezuela will only create a vacuum filled by countries hostile to the ...

Chevron faces headwinds from US sanctions in Venezuela, risking a 5% revenue hit, but retains strategic asset presence for future upside. I break down the financial impact of exiting Venezuela.

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...